Western Africa: Athletic Footwear Market 2024

Athletic Footwear Market Size in Western Africa

The West African athletic footwear market contracted modestly to $X in 2022, standing approx. at the previous year. Overall, consumption, however, recorded a strong increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Athletic Footwear Production in Western Africa

In value terms, athletic footwear production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Athletic Footwear Exports

Exports in Western Africa

In 2022, approx. X pairs of athletic footwear were exported in Western Africa; which is down by X% on 2021 figures. In general, exports, however, showed noticeable growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X pairs. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, athletic footwear exports soared to $X in 2022. Overall, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Togo (X pairs) and Mali (X pairs) prevails in exports structure, together comprising X% of total exports. Gambia (X pairs) held the next position in the ranking, followed by Ghana (X pairs). All these countries together held near X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Mali (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Togo ($X) emerged as the largest athletic footwear supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Ghana ($X), with a X% share of total exports. It was followed by Gambia, with a X% share.

In Togo, athletic footwear exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ghana (X% per year) and Gambia (X% per year).

Export Prices by Country

The export price in Western Africa stood at $X per pair in 2022, picking up by X% against the previous year. In general, the export price posted a modest increase. Over the period under review, the export prices reached the peak figure at $X per pair in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Togo ($X per pair), while Mali ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (X%), while the other leaders experienced mixed trends in the export price figures.

Athletic Footwear Imports

Imports in Western Africa

In 2022, after four years of growth, there was significant decline in supplies from abroad of athletic footwear, when their volume decreased by X% to X pairs. Total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of X%. The volume of import peaked at X pairs in 2021, and then fell in the following year.

In value terms, athletic footwear imports rose significantly to $X in 2022. Over the period under review, imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Nigeria (X pairs) represented the key importer of athletic footwear, achieving X% of total imports. It was distantly followed by Ghana (X pairs), Liberia (X pairs), Senegal (X pairs) and Cote d'Ivoire (X pairs), together achieving a X% share of total imports. Guinea (X pairs) and Mauritania (X pairs) held a minor share of total imports.

Imports into Nigeria increased at an average annual rate of X% from 2012 to 2022. At the same time, Ghana (X%), Liberia (X%), Senegal (X%), Guinea (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. Mauritania experienced a relatively flat trend pattern. Ghana (X p.p.), Nigeria (X p.p.), Liberia (X p.p.), Senegal (X p.p.) and Guinea (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported athletic footwear in Western Africa, comprising X% of total imports. The second position in the ranking was held by Ghana ($X), with an X% share of total imports. It was followed by Senegal, with a X% share.

In Nigeria, athletic footwear imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ghana (X% per year) and Senegal (X% per year).

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per pair, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, import prices hit record highs at $X per pair in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Senegal ($X per pair), while Liberia ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :